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Hiddendivergence

SPX500: Hidden Divergence (4 HR) !!!UPDATE #2: Stopped out with small loss. UPDATE #1: Trade is active now. Hello Traders, Here we have a hidden BEARISH divergence that is giving us a nice shorting opportunity with very little stop loss and potential of high reward. The analysis is pretty simple, market is making LHs and LLs, signifying the continuation of the downward trend. Market has retraced back near the previous LH and due to the hidden divergence we do not have to risk a lot on this trade, which is why the stop loss is placed just above the recent lower high created by the market. See the chart for more details. Note: The trade is NOT active yet. Pending orders have been placed. Please feel free to AGREE or DISAGREE with this idea. Hit that thumbs up button (top left corner of this chart) if you like the idea. Good Luck :)
FX:SPX500Short
by moneymaking
1
A Potential Buy Opportunity On GBPUSD At Potential Cypher CompleAfter the complletion of the Bat Pattern last week, bears came crushing the bulls. However, the momentum of the selling pressure is decreasing shown by the colour differentiation in the candlesticks. This potential bullish trade does provide a lot in terms of technicals: 1. There is a hidden divergence in place which indicates a trend continuation. 2. A potential bullish Cypher Pattern. 3. Support zone, price came testing this structure zone, then resistance turned into support now, prior to the break through by bulls indicated by the yellow squares labelled 1,2,3.At 2 bulls were not even aloud to test the resistance level. 4. Prior to the Cypher Pattern there will be a potential bullish AB=CD pattern, However, where I will be interested in this trade is at the bullish Cypher Pattern completion. # HAPPYTRADING
Long
by 6.1.8.Family